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Latest Results from /security

/security

MobiKwik calls in external auditors to investigate alleged data breach

Having initially dismissed reports of the leak of 100 million customer files on the dark web, Indian payments processor MobiKwick has brought in external investigators to conduct a forensic data security audit.

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MPs slam Action Fraud, FCA and tech giants over pension scams

Global tech firms such as Google should be held to account for hosting pension scam adverts with legislation needed to stop them profiting from a multibillion-pound scam industry, MPs say today.

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APP fraud continues to rise as criminals target bank customers online

The amount of money lost to victims of authorised push payments fraud in the UK rose to £479 million in 2020, as criminals used the Covid-19 pandemic to target people online.

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ABN Amro develops 'self-healing cybersecurity software

ABN Amro has teamed up with research outfit TNO to develop "self-healing" cybersecurity software that repairs itself when under attack from viruses.

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OCBC rolls out facial verification for ATM transactions

OCBC Bank is rolling out facial verification technology to its network of ATMs, enabling users to check their balances and ultimately make cash withdrawals via a scan of their faces.

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Digital ID firm Socure raises $100m

Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo.

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Clamour grows to add financial scams to UK 'Online Harms' bill

UK Trade organisations, consumer groups and a senior MP have joined forces to call on the UK government to reverse its decision not to include online scams in its new 'Online Harms' bill.

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Capital One Ventures invests $24 million in Securonix

Capital One Ventures has invested $24 million in cloud security intelligence firm Securonix in conjunction with a strategic partnership.

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Russian supermarket chain rolls out pay-with-face technology

Shoppers in Moscow will soon be able to 'pay-with-a-glance' at over 200 outlets of Russian supermarket chain X5, thanks to a joint initiative with Sberbank and Visa.

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Ripple settles with Youtube over XRP scam suit

Ripple has settled its legal dispute with Youtube over allegations that the video sharing platform failed to disable scam accounts impersonating its CEO Brad Garlinghouse and offering XRP cryptocurrency give-aways.

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Hackers publish bank employee data

Crooks have allegedly posted the personal details of several employees of Flagstar Bank, which is the latest financial institution to suffer a data breach thanks to a vulnerability with file sharing software from vendor Accellion.

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European Banking Authority hit by cyber-attack

The European Banking Authority (EBA) has taken all email systems offline after being hit by a cyber-attack targeting its Microsoft Exchange Servers.